The document discusses the new regulatory framework for banks and its consequences. It identifies several weaknesses in the financial system and dangerous bank strategies that contributed to the crisis, such as weak capital bases and excessive risk-taking. It then examines whether the new regulatory response adequately addresses these issues and discusses challenges in the transition to the new framework. Several issues beyond the Basel III accords are also raised, including cross-border banking, systemic banks, and macroprudential supervision.
Van den Spiegel Discusses Regulatory Response and Impact of New Banking Rules
1. Freddy Van den Spiegel Vrije Universiteit Brussel Economic Advisor BNP Paribas Fortis The new regulatory framework for banks, and its consequences. Financieel Forum Gent, 27 september 2011
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22. Bank’s exposure to non-domestic Eurozone periphery (Greece, Spain, Portugal, Italy), sovereign and private sector debt, in % of GDP Banking contagion channel: exposure to sovereign and private sector debt
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